Carrefour Board of Directors’ Decisions in the Context of the COVID-19 Pandemic
CARREFOUR SA S/ADR (CRRFY)
NASDAQ:AMEX Investor Relations:
carrefour.com/content/investors-contact
Company Research
Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:Carrefour (Paris:CA):DividendGiven the exceptional context of the COVID-19 pandemic, Carrefour’s Board of Directors, at its meeting of April 20, 2020, decided to reduce by 50% the dividend proposed for 2019, compared to what was initially announced on February 27, 2020. Thus, the dividend will be €0.23 per share, versus €0.46 per share initially planned and €0.46 per share paid in 2019 for 2018.Payment of the dividend will be proposed in cash or in new shares, at the shareholder’s option, and will be submitted to the approval of the Shareholders’ Meeting on May 29, 2020.In the event the dividend is paid in new shares, such shares will be issued at a price equal to 95% of the average of the closing prices quoted on the regulated market of Euronext Paris, during the 20 trading days preceding the date of the Shareholders’ Meeting, less the net amount of the dividend and rounded up to the nearest euro cent.Shareholders will be able to opt for a
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